Optical Cable (OCC) investor relations material

Executive summary

• Net sales for Q3 FY2026 rose 22% year-over-year to $24.3 million, driven by robust demand in enterprise, data center, and specialty markets.

• Gross profit increased 43.9% to $9.1 million, with gross margin improving to 37.4% from 31.7% year-over-year.

• Net income for Q3 FY2026 was $1.9 million ($0.21/share), up from $302,000 ($0.04/share) in Q3 FY2025.

• Nine-month net sales grew 18.3% to $62.9 million, with net income of $2.5 million versus a $1.5 million loss in the prior year.

• Sales order backlog and forward load increased to $13.5 million at quarter-end, reflecting continued high demand.

Financial highlights

• SG&A expenses for Q3 FY2026 were $7.0 million (28.7% of sales), mainly due to higher employee, sales, and shipping costs.

• Operating income for Q3 FY2026 was $2.1 million, a 275.4% increase from Q3 FY2025.

• Cash at July 31, 2026 was $297,000, with working capital at $19.2 million and a current ratio of 2.2:1.

• Total shareholders’ equity increased to $14.7 million from $5.1 million at October 31, 2025.

• Nine-month net sales grew 18.3% to $62.9 million; gross profit up 35.5% to $22.1 million; net income $2.5 million vs. a $1.5 million loss last year.

Outlook and guidance

• Management expects continued strong demand across all markets, with no signs of weakening.

• Backlog and forward load expected to support near-term sales; most backlog to ship within two to three quarters.

• Some seasonality anticipated in Q1 due to holidays; higher sales typically in the second half of the fiscal year.

• Management believes cash flow, cash on hand, and credit facilities are sufficient to fund operations for at least the next twelve months.

• No specific forward guidance on margins or revenue provided.